The decline continues due to gloomy data.

Most steel benchmarks on the Shanghai Futures Exchange are weaker.

Steel prices in Northern Vietnam

According to SteelOnline.vn, Hoa Phat steel brand offers CB240 steel coils at 13,640 VND/kg; and D10 CB300 ribbed steel bars at 13,840 VND/kg.

Viet Y Steel brand offers CB240 steel coils at 13,640 VND/kg; D10 CB300 ribbed steel bars are priced at 13,740 VND/kg.

Viet Duc Steel, with its CB240 coiled steel at 13,580 VND/kg, and D10 CB300 ribbed steel bars at 13,890 VND/kg.

Viet Sing Steel offers CB240 steel coils at 13,700 VND/kg and D10 CB300 ribbed steel bars at 14,010 VND/kg.

VAS steel, with CB240 coiled steel at 13,600 VND/kg; D10 CB300 ribbed steel bar at 13,750 VND/kg.

Steel prices in Central Vietnam

Hoa Phat Steel's CB240 coiled steel is priced at 13,640 VND/kg; D10 CB300 ribbed steel bars are priced at 13,840 VND/kg.

Viet Duc Steel currently offers CB240 steel coils at 13,990 VND/kg and D10 CB300 ribbed steel bars at 14,290 VND/kg.

Currently, VAS Steel offers CB240 steel coils at 14,010 VND/kg and D10 CB300 ribbed steel bars at 13,960 VND/kg.

Pomina Steel, with its CB240 coiled steel at 14,280 VND/kg; and D10 CB300 ribbed steel bars at 14,480 VND/kg.

Steel prices in Southern Vietnam

Hoa Phat Steel: CB240 steel coils are priced at 13,640 VND/kg; D10 CB300 ribbed steel bars are priced at 13,840 VND/kg.

VAS steel, CB240 coil steel, is priced at 13,600 VND/kg; D10 CB300 ribbed steel bar is priced at 13,700 VND/kg.

Pomina steel, CB240 coiled steel, is priced at 14,080 VND/kg; D10 CB300 ribbed steel bar is priced at 14,380 VND/kg.

Steel prices on the exchange.

Rebar futures on the Shanghai Futures Exchange (SHFE) for May 2025 delivery fell 12 yuan to 3,168 yuan per ton.

Iron ore futures prices in Dalian recorded their sharpest decline in nearly two years, as gloomy economic data from top consumer China clouded demand prospects, while robust global supply also put pressure on prices.

The most actively traded January iron ore contract on China's Dalian Commodity Exchange (DCE) fell 4.74% to 703.5 yuan ($98.87) per ton, marking its sharpest decline since October 31, 2022.

The contract fell to 700.0 yuan early in the session, its lowest level since August 19. The benchmark October iron ore price on the Singapore exchange fell 2.75% to $94.15 per ton.

Iron ore futures prices fell following further evidence of weak Chinese demand, driven by slowing manufacturing activity coupled with a deeper downturn in the property sector, ANZ analysts said in a note.

An official survey showed that China's manufacturing activity fell to a six-month low in August, putting pressure on policymakers to continue implementing more stimulus plans for households.

Meanwhile, the country's new home prices rose more slowly in August, as its crisis-stricken real estate sector struggled to find a bottom after a series of support policies.

The total volume of iron ore shipped to destinations worldwide from 19 ports and 16 mining companies in Australia and Brazil increased by 10.9% compared to the previous week, reaching 29 million tonnes in the period from August 26 to September 1, according to Chinese consulting firm Mysteel.

This surge is due to a dramatic increase in Brazilian iron ore shipments, up 39% from the previous week, marking the highest weekly shipment since 2019, Mysteel added.

Other steelmaking components on the DCE also continued to decline, with coking coal and coke falling by 2.41% and 2.24%, respectively.

Most steel benchmarks on the Shanghai Futures Exchange were weaker. Rebar slipped 3.14%, hot-rolled coil fell nearly 3.0%, stainless steel lost nearly 1.0%, while flat wire also declined.

Source: https://kinhtedothi.vn/gia-thep-hom-nay-5-9-tiep-tiep-giam-do-du-lieu-am-dam.html